Form IT-669: New York Semiconductor Manufacturing Workforce Training Program Credit (Tax Year 2025) Explained

Form IT-669 is the New York State tax form used to claim the Semiconductor Manufacturing Workforce Training Program Credit. It’s issued by the New York State Department of Taxation and Finance and applies to tax year 2025. This credit was created to encourage semiconductor manufacturers operating in New York to invest in training their workforce, supporting the state’s broader push to grow its chip manufacturing sector.

The credit is part of a family of incentives New York has rolled out for the semiconductor industry. If your business is already familiar with the state’s efforts in this space, you may also want to look at Form IT-668, which covers the Semiconductor Research and Development Credit. Many companies in the industry end up filing both forms in the same tax year, since research investments and workforce training often go hand in hand.

Who Needs Form IT-669

This form is meant for businesses that operate a semiconductor manufacturing facility in New York State and have incurred costs related to training their employees. The training has to be tied to a qualified workforce training program, typically one designed to build skills specific to semiconductor production, equipment operation, or related technical processes.

Not every manufacturer will qualify automatically. The state generally requires that the training program meet specific criteria set by Empire State Development or another designated authority before the associated costs can be claimed as a credit. Businesses should confirm their program’s eligibility status before assuming they can file this form and receive the credit.

When This Credit Applies

You’d use Form IT-669 when filing your New York State tax return for tax year 2025, provided you have qualified workforce training expenses from that year. The credit is nonrefundable in most cases, meaning it can reduce your tax liability but won’t generate a refund beyond what you owe. Some semiconductor credits in New York do allow carryforward provisions, so it’s worth checking the specific instructions tied to this form to see how unused credit amounts are treated in future years.

Since this is a relatively new and narrowly targeted credit, businesses should keep detailed records of training costs, program documentation, and any certification received from the relevant state agency. Tax preparers unfamiliar with this credit may not think to ask about it, so it’s on the business itself to flag that workforce training expenses were incurred and that Form IT-669 needs to be included with the return.

How to Get and Complete Form IT-669

The form is available directly from the New York State Department of Taxation and Finance website as a fillable PDF. It has AcroForm fields, so you can type your information directly into the document on a computer before printing or submitting it electronically with your return, rather than filling it out by hand.

When completing it, you’ll generally need to provide identifying information about your business, details about the workforce training program itself, and a breakdown of the qualified expenses being claimed. If your business also claims other New York tax credits in the same filing, make sure the amounts on IT-669 are consistent with any related schedules or attachments required by your main tax return.

Because this credit is industry-specific, companies that aren’t in semiconductor manufacturing won’t have a use for this form. But for those that are, it can meaningfully offset the cost of building a skilled local workforce. If your business operates in a different sector or files other New York returns, such as a nonresident earnings return, you might also find Form Y-203 relevant depending on where your employees work. And if you’re part of a broader industry benefiting from targeted New York credits, it’s worth comparing notes with businesses using Form IT-667 for the film production credit, since the state has taken a similar approach across several sectors it wants to support.

As with any specialized credit, double-check the current year’s instructions before filing, since eligibility rules and documentation requirements for workforce training credits can be updated from one tax year to the next.